GBP/USD Intraday: key resistance at 1.2190.

Pivot:

1.2190

Our preference:

Short positions below 1.2190 with targets at 1.2100 & 1.2070 in extension.

Alternative scenario:

Above 1.2190 look for further upside with 1.2225 & 1.2270 as targets.

Comment:

As long as the resistance at 1.2190 is not surpassed, the risk of the break below 1.2100 remains high.

EUR/USD Intraday: under pressure.

Pivot:

1.0495

Our preference:

Short positions below 1.0495 with targets at 1.0445 & 1.0425 in extension.

Alternative scenario:

Above 1.0495 look for further upside with 1.0515 & 1.0530 as targets.

Comment:

The break below 1.0495 is a negative signal that has opened a path to 1.0445.

AUD/USD Intraday: the downside prevails.

Pivot:

0.6720

Our preference:

Short positions below 0.6720 with targets at 0.6665 & 0.6635 in extension.

Alternative scenario:

Above 0.6720 look for further upside with 0.6745 & 0.6775 as targets.

Comment:

As long as the resistance at 0.6720 is not surpassed, the risk of the break below 0.6665 remains high.

Gold Intraday: choppy.

Pivot:

1776.00

Our preference:

Short positions below 1776.00 with targets at 1765.00 & 1760.00 in extension.

Alternative scenario:

Above 1776.00 look for further upside with 1781.00 & 1787.00 as targets.

Comment:

The immediate trend remains down but the momentum is weak.

USD/JPY Intraday: bullish bias above 136.40.

Pivot:

136.40

Our preference:

Long positions above 136.40 with targets at 137.50 & 138.00 in extension.

Alternative scenario:

Below 136.40 look for further downside with 135.95 & 135.55 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Crude Oil (WTI)‎ (F3)‎ Intraday: key resistance at 75.50.

Pivot:

75.50

Our preference:

Short positions below 75.50 with targets at 73.60 & 73.00 in extension.

Alternative scenario:

Above 75.50 look for further upside with 76.80 & 77.80 as targets.

Comment:

The RSI is below its neutrality area at 50%